Argentina’s Central Bank increases interest rate by 800 basis points to 60%

The monetary entity made its seventh monetary policy rate increase this year in the context of high inflation, which accumulated 36.2% in the year's first half.

The Central Bank of Argentina (BCRA) increased its reference interest rate by 800 basis points today, Thursday, from 52% to 60%, the entity informed in a press release.

The monetary entity made its seventh monetary policy rate increase this year in the context of high inflation, which accumulated 36.2% in . . .

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